Debt Cancellation

Debt Cancellation demanded on 2nd July 08


Debt Burden Eating Up MDGs
Bangladesh Needs Total Debt  Cancellation

event.jpgOn  the eve of G8 Summit in Japan, SUPRO demanded at a press conference at Dhaka  Reporters Unity on 2 July 2008 - to the leaders of G8 countries, to cancel the  external debt of Bangladesh without any conditionality and urged the rich  countries to fulfill their commitment of ODA target by giving 0.7% of national  income as development assistance to the poor countries.

SUPRO  Chairperson Abdul Awal, Chief Executive Officer Prodip Kumar Roy, Researcher  Monower Mostafa and Mohammad Shahid Ullah addressed the press conference. 

SUPRO criticized the WB-IMF formula on determining the debt-  to-export ratio as eligibility determinant of external debt servicing and demanded  a “MDG-consistent” frame-work of debt sustainability. That should be applied to  consider the eligibility criteria of debt cancellation of Bangladesh.


Press Briefing 08
Bangla Press release
Press release in English
Media Coverage

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